Salts and Flavored Salts Market size to grow by USD 8,907.19 million from 2022 to 2027, Driven by the strategies adopted by leading players - Technavio

NEW YORK, April 18, 2023 /PRNewswire/ -- The latest report on salts and flavored salts market is estimated to register an incremental growth of USD 8,907.19 million, at a CAGR of 6.95%, from 2022 to 2027. A major driver fueling the growth of the market is the strategies adopted by leading players in the market. There is a lot of competition in the global market for salts and flavored salts. As a result, vendors all over the world are increasingly concentrating on obtaining FDA approval for their salts and flavored salts. In order to combat the competition in the market, market vendors employ tactics such as new product launches, collaborations, partnerships, mergers and acquisitions (M&A), and expansion projects. It is anticipated that existing vendors will be forced to expand their market presence through strategic alliances and partnerships as a result of the intense competition in the market. The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. Request a sample report 

Salts and Flavored Salts Market 2023-2027: Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The soft skills training market report covers the following areas:

• Salts and Flavored Salts Market 2023-2027 Size
• Salts and Flavored Salts Market 2023-2027 Trends
• Salts and Flavored Salts Market 2023-2027 Industry Analysis

Salts And Flavored Salts Market 2023-2027: Vendor Analysis

The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Competitors have to focus on differentiating their product offerings with unique value propositions to strengthen their foothold in the market. Market vendors also have to leverage the existing growth prospects in the fast-growing segments while maintaining their positions in the slow-growing segments. Verlag A.Vogel AG, Ajinomoto Co. Inc., Amagansett Sea Salt Co., Cornish Sea Salt Co. Ltd., El Nasr Salines Co., HimalaSalt, Himalayan chef, Hoosier Hill Farm LLC, INFOSA, KS Aktiengesellschaft, McCormick and Co. Inc., Olde Thompson, Red Monkey Foods Inc., SaltWorks Inc., Tata Sons Pvt. Ltd., Twang Partners LLC, ITC Ltd., Suprasel, United Salt Corp., and Vancouver Island Salt Co. are among some of the major market participants.

Vendor Offerings

• El Nasr Salines Co. - The company offers salts and flavored salts such as raw salt, edible salt, and industrial salt. 
• Himalayan chef - The company offers salts and flavored salts such as black salt and pink salt. 
• Hoosier Hill Farm LLC - The company offers salts and flavored salts such as pretzel salt. 

What`s New for 2023?

• Special coverage on the Russia-Ukraine war; global inflation; recovery analysis from COVID-19; supply chain disruptions, global trade tensions; and risk of recession
• Global competitiveness and key competitor positions
• Market presence across multiple geographical footprints - Strong/Active/Niche/Trivial
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Major Market Challenge

A challenge that may impede the salt and flavored salt market is the health risks and diseases related to salt and sodium consumption. As sodium can overstimulate the immune system of consumers, it may even contribute to autoimmune diseases such as multiple sclerosis, lupus, rheumatoid arthritis, and psoriasis. There appears to be a direct link between salt intake and obesity in several studies. For instance, the risk of obesity among adults and children increases by more than 25% for every gram of salt consumed daily. In spite of the fact that salts are viewed as fundamental condiments in food items, it is important to watch the salt intake, as consuming an excessive amount of salt can be life-threatening, which, in turn, hampers the market growth.

Key Trend

An emerging trend in the salts and flavored salts market that is expected to fuel the growth of the market is the growing demand for pink Himalayan salt. Pink Himalayan salt is considered to be the purest variety of salt due to its absence of toxins and chemicals. Due to its health benefits, pink Himalayan salt is being used in place of table salt. It is chemically similar to table salt and contains up to 98% sodium chloride, and it is known to have a higher mineral content than sea or table salt. In addition, Pink Himalayan salt lights are likewise being utilized to eliminate dust, dust, smoke, and different foreign substances that can expand the gamble of respiratory issues.

In addition to the forecast, the report also highlights the key opportunities by analyzing
drivers, trends, challenges for the market., download a sample report

Salts and Flavored Salts Market 2023-2027: Segmentation

• Distribution Channel 
• Offline
• Online
• End-user 
• Food and Beverages Industry
• Food Service Industry/Quick Service Restaurants
• Household
• Geography 
• North America
• Europe
• APAC
• South America
• Middle East And Africa

The market share growth by the offline segment will be significant for the market growth during the forecast period. The offline channel provides customers the advantage of examining food and beverage products. The advantages include checking for defects in packaging and the expiration date of the product before purchasing, which are considered the most influential means of marketing. Customers have become familiar with flavored salts due to the significant increase in retail channels in various cities and regions. Hence, such factors are driving the market growth in the segment during the forecast period.

Learn about the contribution of each segment summarized in concise infographics and
thorough descriptions. Download a Sample Report

Salts and Flavored Salts Market 2023-2027: Key Highlights

• CAGR of the market during the forecast period 2023-2027
• Detailed information on factors that will assist salts and flavored salts market growth during the next five years
• Estimation of the salts and flavored salts market size and its contribution to the parent market
• Predictions on upcoming trends and changes in consumer behavior
• The growth of the salts and flavored salts market
• Analysis of the market's competitive landscape and detailed information on vendors
• Comprehensive details of factors that will challenge the growth of the salts and flavored salts market vendors

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Related Reports:

The industrial salt market size is expected to increase by 38.9 million tons from 2020 to 2025, and the market's growth momentum will accelerate at a CAGR of 3.04%. The report extensively covers industrial salt market segmentation by application (chemical processing, deicing, water treatment, and others) and geography (APAC, North America, Europe, South America, and MEA). The wide range of industrial applications is notably driving the industrial salt market growth.

The salt market size is expected to increase by 39.91 million tons from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 2.21%. Furthermore, this report extensively covers market segmentation by application (chemical processing, road de-icing, food processing, and others), type (rock salt, brine, solar salt, and others), and geography (APAC, North America, Europe, Middle East and Africa, and South America). The increasing production of salt in APAC through the solar evaporation process is a market trend that is expected to have a positive impact during the forecast period.

Browse for Technavio's Consumer Staples Reports          

Table of Contents :  

1 Executive Summary

• 1.1 Market overview 
• Exhibit 01: Executive Summary – Chart on Market Overview
• Exhibit 02: Executive Summary – Data Table on Market Overview
• Exhibit 03: Executive Summary – Chart on Global Market Characteristics
• Exhibit 04: Executive Summary – Chart on Market by Geography
• Exhibit 05: Executive Summary – Chart on Market Segmentation by Distribution Channel
• Exhibit 06: Executive Summary – Chart on Market Segmentation by End-user
• Exhibit 07: Executive Summary – Chart on Incremental Growth
• Exhibit 08: Executive Summary – Data Table on Incremental Growth
• Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

• 2.1 Market ecosystem 
• Exhibit 10: Parent market
• Exhibit 11: Market Characteristics

3 Market Sizing

• 3.1 Market definition 
• Exhibit 12: Offerings of vendors included in the market definition

• 3.2 Market segment analysis 
• Exhibit 13: Market segments

• 3.3 Market size 2022 

• 3.4 Market outlook: Forecast for 2022-2027
• Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
• Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
• Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
• Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

• 4.1 Global salts and flavored salts market 2017 - 2021
• Exhibit 18: Historic Market Size – Data Table on Global salts and flavored salts market 2017 - 2021 ($ million)

• 4.2 Distribution channel Segment Analysis 2017 - 2021
• Exhibit 19: Historic Market Size – Distribution channel Segment 2017 - 2021 ($ million)

• 4.3 End-user Segment Analysis 2017 - 2021
• Exhibit 20: Historic Market Size – End-user Segment 2017 - 2021 ($ million)

• 4.4 Geography Segment Analysis 2017 - 2021
• Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ million)

• 4.5 Country Segment Analysis 2017 - 2021
• Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ million)

5 Five Forces Analysis

• 5.1 Five forces summary 
• Exhibit 23: Five forces analysis - Comparison between 2022 and 2027

• 5.2 Bargaining power of buyers 
• Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027

• 5.3 Bargaining power of suppliers 
• Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027

• 5.4 Threat of new entrants 
• Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027

• 5.5 Threat of substitutes 
• Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027

• 5.6 Threat of rivalry 
• Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027

• 5.7 Market condition 
• Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

6 Market Segmentation by Distribution Channel

• 6.1 Market segments 
• Exhibit 30: Chart on Distribution Channel - Market share 2022-2027 (%)
• Exhibit 31: Data Table on Distribution Channel - Market share 2022-2027 (%)

• 6.2 Comparison by Distribution Channel 
• Exhibit 32: Chart on Comparison by Distribution Channel
• Exhibit 33: Data Table on Comparison by Distribution Channel

• 6.3 Offline - Market size and forecast 2022-2027
• Exhibit 34: Chart on Offline - Market size and forecast 2022-2027 ($ million)
• Exhibit 35: Data Table on Offline - Market size and forecast 2022-2027 ($ million)
• Exhibit 36: Chart on Offline - Year-over-year growth 2022-2027 (%)
• Exhibit 37: Data Table on Offline - Year-over-year growth 2022-2027 (%)

• 6.4 Online - Market size and forecast 2022-2027
• Exhibit 38: Chart on Online - Market size and forecast 2022-2027 ($ million)
• Exhibit 39: Data Table on Online - Market size and forecast 2022-2027 ($ million)
• Exhibit 40: Chart on Online - Year-over-year growth 2022-2027 (%)
• Exhibit 41: Data Table on Online - Year-over-year growth 2022-2027 (%)

• 6.5 Market opportunity by Distribution Channel
• Exhibit 42: Market opportunity by Distribution Channel ($ million)
• Exhibit 43: Data Table on Market opportunity by Distribution Channel ($ million)

7 Market Segmentation by End-user

• 7.1 Market segments 
• Exhibit 44: Chart on End-user - Market share 2022-2027 (%)
• Exhibit 45: Data Table on End-user - Market share 2022-2027 (%)

• 7.2 Comparison by End-user 
• Exhibit 46: Chart on Comparison by End-user
• Exhibit 47: Data Table on Comparison by End-user

• 7.3 Food and beverages industry - Market size and forecast 2022-2027 
• Exhibit 48: Chart on Food and beverages industry - Market size and forecast 2022-2027 ($ million)
• Exhibit 49: Data Table on Food and beverages industry - Market size and forecast 2022-2027 ($ million)
• Exhibit 50: Chart on Food and beverages industry - Year-over-year growth 2022-2027 (%)
• Exhibit 51: Data Table on Food and beverages industry - Year-over-year growth 2022-2027 (%)

• 7.4 Food service industry/quick service restaurants - Market size and forecast 2022-2027 
• Exhibit 52: Chart on Food service industry/quick service restaurants - Market size and forecast 2022-2027 ($ million)
• Exhibit 53: Data Table on Food service industry/quick service restaurants - Market size and forecast 2022-2027 ($ million)
• Exhibit 54: Chart on Food service industry/quick service restaurants - Year-over-year growth 2022-2027 (%)
• Exhibit 55: Data Table on Food service industry/quick service restaurants - Year-over-year growth 2022-2027 (%)

• 7.5 Household - Market size and forecast 2022-2027
• Exhibit 56: Chart on Household - Market size and forecast 2022-2027 ($ million)
• Exhibit 57: Data Table on Household - Market size and forecast 2022-2027 ($ million)
• Exhibit 58: Chart on Household - Year-over-year growth 2022-2027 (%)
• Exhibit 59: Data Table on Household - Year-over-year growth 2022-2027 (%)

• 7.6 Market opportunity by End-user 
• Exhibit 60: Market opportunity by End-user ($ million)
• Exhibit 61: Data Table on Market opportunity by End-user ($ million)

8 Customer Landscape

• 8.1 Customer landscape overview 
• Exhibit 62: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

• 9.1 Geographic segmentation 
• Exhibit 63: Chart on Market share by geography 2022-2027 (%)
• Exhibit 64: Data Table on Market share by geography 2022-2027 (%)

• 9.2 Geographic comparison 
• Exhibit 65: Chart on Geographic comparison
• Exhibit 66: Data Table on Geographic comparison

• 9.3 North America - Market size and forecast 2022-2027
• Exhibit 67: Chart on North America - Market size and forecast 2022-2027 ($ million)
• Exhibit 68: Data Table on North America - Market size and forecast 2022-2027 ($ million)
• Exhibit 69: Chart on North America - Year-over-year growth 2022-2027 (%)
• Exhibit 70: Data Table on North America - Year-over-year growth 2022-2027 (%)

• 9.4 Europe - Market size and forecast 2022-2027
• Exhibit 71: Chart on Europe - Market size and forecast 2022-2027 ($ million)
• Exhibit 72: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
• Exhibit 73: Chart on Europe - Year-over-year growth 2022-2027 (%)
• Exhibit 74: Data Table on Europe - Year-over-year growth 2022-2027 (%)

• 9.5 APAC - Market size and forecast 2022-2027
• Exhibit 75: Chart on APAC - Market size and forecast 2022-2027 ($ million)
• Exhibit 76: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
• Exhibit 77: Chart on APAC - Year-over-year growth 2022-2027 (%)
• Exhibit 78: Data Table on APAC - Year-over-year growth 2022-2027 (%)

• 9.6 South America - Market size and forecast 2022-2027
• Exhibit 79: Chart on South America - Market size and forecast 2022-2027 ($ million)
• Exhibit 80: Data Table on South America - Market size and forecast 2022-2027 ($ million)
• Exhibit 81: Chart on South America - Year-over-year growth 2022-2027 (%)
• Exhibit 82: Data Table on South America - Year-over-year growth 2022-2027 (%)

• 9.7 Middle East and Africa - Market size and forecast 2022-2027 
• Exhibit 83: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
• Exhibit 84: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
• Exhibit 85: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
• Exhibit 86: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)

• 9.8 US - Market size and forecast 2022-2027
• Exhibit 87: Chart on US - Market size and forecast 2022-2027 ($ million)
• Exhibit 88: Data Table on US - Market size and forecast 2022-2027 ($ million)
• Exhibit 89: Chart on US - Year-over-year growth 2022-2027 (%)
• Exhibit 90: Data Table on US - Year-over-year growth 2022-2027 (%)

• 9.9 Germany - Market size and forecast 2022-2027
• Exhibit 91: Chart on Germany - Market size and forecast 2022-2027 ($ million)
• Exhibit 92: Data Table on Germany - Market size and forecast 2022-2027 ($ million)
• Exhibit 93: Chart on Germany - Year-over-year growth 2022-2027 (%)
• Exhibit 94: Data Table on Germany - Year-over-year growth 2022-2027 (%)

• 9.10 China - Market size and forecast 2022-2027
• Exhibit 95: Chart on China - Market size and forecast 2022-2027 ($ million)
• Exhibit 96: Data Table on China - Market size and forecast 2022-2027 ($ million)
• Exhibit 97: Chart on China - Year-over-year growth 2022-2027 (%)
• Exhibit 98: Data Table on China - Year-over-year growth 2022-2027 (%)

• 9.11 India - Market size and forecast 2022-2027
• Exhibit 99: Chart on India - Market size and forecast 2022-2027 ($ million)
• Exhibit 100: Data Table on India - Market size and forecast 2022-2027 ($ million)
• Exhibit 101: Chart on India - Year-over-year growth 2022-2027 (%)
• Exhibit 102: Data Table on India - Year-over-year growth 2022-2027 (%)

• 9.12 France - Market size and forecast 2022-2027
• Exhibit 103: Chart on France - Market size and forecast 2022-2027 ($ million)
• Exhibit 104: Data Table on France - Market size and forecast 2022-2027 ($ million)
• Exhibit 105: Chart on France - Year-over-year growth 2022-2027 (%)
• Exhibit 106: Data Table on France - Year-over-year growth 2022-2027 (%)

• 9.13 Market opportunity by geography 
• Exhibit 107: Market opportunity by geography ($ million)
• Exhibit 108: Data Tables on Market opportunity by geography ($ million)

10 Drivers, Challenges, and Trends

• 10.1 Market drivers 

• 10.2 Market challenges 

• 10.3 Impact of drivers and challenges 
• Exhibit 109: Impact of drivers and challenges in 2022 and 2027

• 10.4 Market trends 

11 Vendor Landscape

• 11.1 Overview 

• 11.2 Vendor landscape 
• Exhibit 110: Overview on Criticality of inputs and Factors of differentiation

• 11.3 Landscape disruption 
• Exhibit 111: Overview on factors of disruption

• 11.4 Industry risks 
• Exhibit 112: Impact of key risks on business

12 Vendor Analysis

• 12.1 Vendors covered 
• Exhibit 113: Vendors covered

• 12.2 Market positioning of vendors 
• Exhibit 114: Matrix on vendor position and classification

• 12.3 El Nasr Salines Co. 
• Exhibit 115: El Nasr Salines Co. - Overview
• Exhibit 116: El Nasr Salines Co. - Product / Service
• Exhibit 117: El Nasr Salines Co. - Key offerings

• 12.4 Himalayan chef 
• Exhibit 118: Himalayan chef - Overview
• Exhibit 119: Himalayan chef - Product / Service
• Exhibit 120: Himalayan chef - Key offerings

• 12.5 Hoosier Hill Farm LLC 
• Exhibit 121: Hoosier Hill Farm LLC - Overview
• Exhibit 122: Hoosier Hill Farm LLC - Product / Service
• Exhibit 123: Hoosier Hill Farm LLC - Key offerings

• 12.6 ITC Ltd. 
• Exhibit 124: ITC Ltd. - Overview
• Exhibit 125: ITC Ltd. - Business segments
• Exhibit 126: ITC Ltd. - Key offerings
• Exhibit 127: ITC Ltd. - Segment focus

• 12.7 KS Aktiengesellschaft 
• Exhibit 128: KS Aktiengesellschaft - Overview
• Exhibit 129: KS Aktiengesellschaft - Product / Service
• Exhibit 130: KS Aktiengesellschaft - Key offerings

• 12.8 McCormick and Co. Inc. 
• Exhibit 131: McCormick and Co. Inc. - Overview
• Exhibit 132: McCormick and Co. Inc. - Business segments
• Exhibit 133: McCormick and Co. Inc. - Key offerings
• Exhibit 134: McCormick and Co. Inc. - Segment focus

• 12.9 Olde Thompson 
• Exhibit 135: Olde Thompson - Overview
• Exhibit 136: Olde Thompson - Product / Service
• Exhibit 137: Olde Thompson - Key offerings

• 12.10 Red Monkey Foods Inc. 
• Exhibit 138: Red Monkey Foods Inc. - Overview
• Exhibit 139: Red Monkey Foods Inc. - Product / Service
• Exhibit 140: Red Monkey Foods Inc. - Key offerings

• 12.11 SaltWorks Inc. 
• Exhibit 141: SaltWorks Inc. - Overview
• Exhibit 142: SaltWorks Inc. - Product / Service
• Exhibit 143: SaltWorks Inc. - Key offerings

• 12.12 Suprasel 
• Exhibit 144: Suprasel - Overview
• Exhibit 145: Suprasel - Product / Service
• Exhibit 146: Suprasel - Key offerings

• 12.13 Tata Sons Pvt. Ltd. 
• Exhibit 147: Tata Sons Pvt. Ltd. - Overview
• Exhibit 148: Tata Sons Pvt. Ltd. - Business segments
• Exhibit 149: Tata Sons Pvt. Ltd. - Key offerings
• Exhibit 150: Tata Sons Pvt. Ltd. - Segment focus

• 12.14 Twang Partners LLC 
• Exhibit 151: Twang Partners LLC - Overview
• Exhibit 152: Twang Partners LLC - Product / Service
• Exhibit 153: Twang Partners LLC - Key offerings

• 12.15 United Salt Corp. 
• Exhibit 154: United Salt Corp. - Overview
• Exhibit 155: United Salt Corp. - Product / Service
• Exhibit 156: United Salt Corp. - Key offerings

• 12.16 Vancouver Island Salt Co. 
• Exhibit 157: Vancouver Island Salt Co. - Overview
• Exhibit 158: Vancouver Island Salt Co. - Product / Service
• Exhibit 159: Vancouver Island Salt Co. - Key offerings

• 12.17 Verlag A.Vogel AG 
• Exhibit 160: Verlag A.Vogel AG - Overview
• Exhibit 161: Verlag A.Vogel AG - Product / Service
• Exhibit 162: Verlag A.Vogel AG - Key offerings

13 Appendix

• 13.1 Scope of the report 

• 13.2 Inclusions and exclusions checklist
• Exhibit 163: Inclusions checklist
• Exhibit 164: Exclusions checklist

• 13.3 Currency conversion rates for US$ 
• Exhibit 165: Currency conversion rates for US$

• 13.4 Research methodology 
• Exhibit 166: Research methodology
• Exhibit 167: Validation techniques employed for market sizing
• Exhibit 168: Information sources

• 13.5 List of abbreviations 
• Exhibit 169: List of abbreviations

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